Educators Mutual Insurance Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 57,589,043 | 61,596,242 | −4,007,199 | 8.0 | 10% |
| 2012 | 46,430,722 | 44,754,923 | 1,675,799 | 11.4 | 14% |
| 2013 | 48,163,064 | 44,084,101 | 4,078,963 | 14.4 | 13% |
| 2014 | 44,967,190 | 37,023,260 | 7,943,930 | 18.9 | 15% |
| 2015 | 47,131,375 | 43,422,423 | 3,708,952 | 18.0 | 11% |
| 2016 | 48,384,829 | 39,112,062 | 9,272,767 | 24.0 | 13% |
| 2017 | 45,568,016 | 37,618,606 | 7,949,410 | 27.1 | 12% |
| 2018 | 93,334,890 | 82,488,479 | 10,846,411 | 14.5 | 6% |
| 2019 | 89,903,968 | 75,840,736 | 14,063,232 | 19.2 | 7% |
| 2020 | 81,626,178 | 70,099,990 | 11,526,188 | 25.2 | 10% |
| 2021 | 54,287,384 | 40,530,090 | 13,757,294 | 47.2 | 13% |
| 2022 | 52,240,394 | 39,386,311 | 12,854,083 | 52.5 | 16% |
In its most recent public year (2022), this organization brought in $12,854,083 more than it spent. Its reserves stood at about 52.5 months of spending, up from 8 in 2011. Staff pay was 16% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2022. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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